Blackrock's Bitcoin Believer
Trillions
Bitcoin as a Store of Value Asset
Bitcoin is likened to gold, being valuable and scarce, but also young and rebellious like a teenager, constantly partying and breaking rules. It is perceived as a call option in a store of value asset, a protection from governments devaluing currency. While some struggle to grasp this concept in stable economies like the US and Europe, for many living in non-democratic or hyperinflationary regimes, the need for such protection is evident and real.
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